LanzaTech Signs Master License Agreement with SEKISUI to Develop Multiple Commercial Scale Waste-to-Ethanol Plants Across Japan
LanzaTech Global, Inc. (NASDAQ: LNZA) has signed a Master License Agreement with SEKISUI CHEMICAL CO., to deploy a commercial-scale platform converting municipal and industrial solid waste into ethanol. This agreement advances their decade-long collaboration to divert waste from landfills and incinerators, generating sustainable feedstocks. SEKISUI plans to build multiple facilities across Japan, with the first expected to produce 10-12 kilotons of ethanol annually.
The ethanol output, classified as synthetic alcohol, can be used for various applications including Sustainable Aviation Fuel (SAF), apparel, personal care, and packaging. This partnership follows successful pilot and demonstration plants in Japan, showcasing the technology's potential to address waste management challenges while creating valuable resources and local jobs.
LanzaTech Global, Inc. (NASDAQ: LNZA) ha firmato un Accordo di Licenza Master con SEKISUI CHEMICAL CO. per implementare una piattaforma commerciale in grado di convertire i rifiuti solidi municipali e industriali in etanolo. Questo accordo avanza la loro collaborazione decennale per deviare i rifiuti dalle discariche e dagli inceneritori, generando materie prime sostenibili. SEKISUI prevede di costruire numerosi impianti in Giappone, con il primo che si prevede produca annualmente 10-12 kilotoni di etanolo.
La produzione di etanolo, classificata come alcol sintetico, può essere utilizzata per varie applicazioni tra cui Carburante per Aviazione Sostenibile (SAF), abbigliamento, cura personale e imballaggi. Questa partnership segue il successo di impianti pilota e dimostrativi in Giappone, che evidenziano il potenziale della tecnologia per affrontare le sfide della gestione dei rifiuti, creando al contempo risorse preziose e posti di lavoro locali.
LanzaTech Global, Inc. (NASDAQ: LNZA) ha firmado un Acuerdo de Licencia Maestra con SEKISUI CHEMICAL CO. para implementar una plataforma a escala comercial que convierta residuos sólidos municipales e industriales en etanol. Este acuerdo avanza su colaboración de una década para desviar los residuos de los vertederos y los incineradores, generando materias primas sostenibles. SEKISUI planea construir múltiples instalaciones en Japón, con la primera que se espera produzca anualmente de 10 a 12 kilotoneladas de etanol.
La producción de etanol, clasificada como alcohol sintético, puede utilizarse para diversas aplicaciones, incluyendo Combustible de Aviación Sostenible (SAF), confección, cuidado personal y embalaje. Esta asociación sigue a plantas piloto y de demostración exitosas en Japón, que muestran el potencial de la tecnología para abordar los desafíos de la gestión de residuos, a la vez que crea recursos valiosos y empleos locales.
LanzaTech Global, Inc. (NASDAQ: LNZA)는 SEKISUI CHEMICAL CO.와 함께 지방 및 산업 고형 폐기물을 에탄올로 전환하는 상업 규모 플랫폼을 배치하기 위한 마스터 라이센스 계약을 체결했습니다. 이 계약은 10년간의 협력 관계를 발전시켜 매립지와 소각장에서 폐기물을 회수하고 지속 가능한 원료를 생성하는 데 기여하고 있습니다. SEKISUI는 일본 전역에 여러 시설을 건설할 계획입니다, 첫 번째 시설은 연간 10-12킬로톤의 에탄올을 생산할 것으로 예상됩니다.
합성 알코올로 분류되는 에탄올 생산물은 지속 가능한 항공 연료 (SAF), 의류, 개인 관리 및 포장 등 다양한 용도로 사용될 수 있습니다. 이 파트너십은 일본에서 성공적으로 운영된 파일롯 및 시연 공장에 이어지며, 기술이 폐기물 관리 문제를 해결하는 동시에 귀중한 자원과 지역 일자리를 창출할 수 있는 잠재력을 보여줍니다.
LanzaTech Global, Inc. (NASDAQ: LNZA) a signé un contrat de licence principal avec SEKISUI CHEMICAL CO. pour déployer une plateforme à l'échelle commerciale transformant les déchets solides municipaux et industriels en éthanol. Cet accord fait avancer leur collaboration de dix ans pour détourner les déchets des décharges et des incinérateurs, générant des matières premières durables. SEKISUI prévoit de construire plusieurs installations à travers le Japon, la première étant attendue pour produire annuellement 10-12 kilotonnes d'éthanol.
La production d'éthanol, classée comme alcool synthétique, peut être utilisée pour diverses applications incluant Carburant d'Aviation Durable (SAF), habillement, soins personnels et emballage. Ce partenariat fait suite à des usines pilotes et de démonstration réussies au Japon, mettant en avant le potentiel de la technologie pour traiter les défis de gestion des déchets tout en créant des ressources précieuses et des emplois locaux.
LanzaTech Global, Inc. (NASDAQ: LNZA) hat einen Master-Lizenzvertrag mit SEKISUI CHEMICAL CO. unterzeichnet, um eine kommerzielle Plattform zur Umwandlung von städtischen und industriellen Feststoffabfällen in Ethanol einzuführen. Dieser Vertrag fördert ihre jahrzehntelange Zusammenarbeit zur Umleitung von Abfällen von Deponien und Verbrennungsofen, wodurch nachhaltige Rohstoffe entstehen. SEKISUI plant, mehrere Einrichtungen in Japan zu bauen, wobei die erste voraussichtlich jährlich 10-12 Kilo-Tonnen Ethanol produziert.
Die Ethanolproduktion, die als synthetischer Alkohol klassifiziert wird, kann für verschiedene Anwendungen, einschließlich Nachhaltigem Flugkraftstoff (SAF), Bekleidung, Körperpflege und Verpackung, verwendet werden. Diese Partnerschaft folgt erfolgreichen Pilot- und Demonstrationsanlagen in Japan, die das Potenzial der Technologie demonstrieren, Abfallmanagement-Herausforderungen zu bewältigen und gleichzeitig wertvolle Ressourcen und lokale Arbeitsplätze zu schaffen.
- Master License Agreement signed for commercial-scale waste-to-ethanol plants in Japan
- First commercial facility expected to produce 10-12 kilotons of ethanol annually
- Ethanol output can be used for Sustainable Aviation Fuel and various material applications
- Technology diverts waste from landfills and incinerators, reducing reliance on fossil fuels
- Partnership progresses after successful pilot and demonstration plants in Japan
- None.
This Master License Agreement between LanzaTech and SEKISUI marks a significant milestone in commercializing waste-to-ethanol technology. The deal's financial impact is potentially substantial, with SEKISUI planning multiple facilities across Japan. The first commercial-scale facility's expected output of
Investors should note the long-term growth potential in this sector, given the global waste management crisis and increasing demand for sustainable feedstocks. The World Bank's projection of a
This agreement represents a major leap forward in circular economy solutions. The technology's ability to convert unsorted combustible waste into ethanol without chemical catalysts, heat, or pressure is groundbreaking. It addresses two critical environmental issues simultaneously: waste management and sustainable fuel production.
The potential impact is significant, considering Japan alone generates 56 million tons of combustible waste annually. By diverting waste from landfills and incinerators, this technology could substantially reduce methane emissions and carbon footprint. The versatility of the ethanol output, which can be used for SAF and various chemical applications, further enhances its market potential and environmental benefits.
However, the success of this technology will depend on its scalability, cost-effectiveness compared to traditional waste management methods and the regulatory landscape supporting such innovative solutions.
This partnership taps into the growing global sustainability market, which is increasingly driven by consumer demand and regulatory pressures. The ability to produce synthetic alcohol that meets JAAS standards opens up diverse market opportunities in aviation, apparel, personal care and packaging industries.
The localization aspect of this technology is particularly noteworthy. By enabling municipalities to convert local waste into valuable products, it creates a decentralized production model that could disrupt traditional supply chains. This could lead to reduced transportation costs and lower carbon footprints, aligning with the growing trend of circular economies.
Investors should monitor the adoption rate of this technology in Japan, as successful implementation could lead to rapid expansion in other countries facing similar waste management challenges. The technology's potential to create local jobs adds a socio-economic benefit that could accelerate governmental support and adoption.
LanzaTech progresses partnership with SEKISUI by formalizing commercial framework to construct facilities which significantly advance how municipalities convert solid waste into valuable sustainable feedstocks
CHICAGO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (LanzaTech), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, has signed a Master License Agreement (the “Agreement”) with SEKISUI CHEMICAL CO., LTD. (TSE: 4204) (SEKISUI) to deploy, at commercial scale, a jointly developed platform that converts syngas derived from municipal solid waste (“MSW”) and industrial solid waste into ethanol. SEKISUI intends to build multiple facilities in municipalities across Japan which incorporate equipment packages, engineering and advisory services, consumables, and intellectual property provided by LanzaTech.
SEKISUI expects its first commercial-scale facility to produce 10 to 12 kilotons of ethanol annually. The ethanol output is synthetic alcohol (Japan Alcohol Association Standard (“JAAS”)) and can be converted into ethylene and kerosene for use as Sustainable Aviation Fuel (“SAF”) as well as widespread material and chemical applications such as apparel, personal care, and packaging.
This latest agreement between LanzaTech and SEKISUI progresses a decade-long collaboration to divert garbage from landfills and incinerators and use it to generate feedstocks that would otherwise come from fossil resources or food crops. The Agreement follows the success of a 2017 pilot plant in Yorii-machi, Saitama, Japan, and the 2022 completion of an MSW-to-ethanol demonstration plant in Kuji City, Iwate, Japan, which has the capacity to produce approximately 400 tons of ethanol per annum.
“We are pleased to expand our collaboration with longstanding partner LanzaTech, whose waste-to-ethanol technology is converting municipal solid waste into a valuable resource and providing an innovative solution to ending our reliance on fresh fossil fuels,” said Futoshi Kamiwaki, SEKISUI Representative Director, Senior Managing Executive Officer. “Signing this Agreement is an important next step on our path to commercializing this game-changing technology and realizing SEKISUI’s vision of a more sustainable, low-carbon society for future generations.”
“With this Agreement, we are progressing our vision for a circular carbon economy. Our continued collaboration with SEKISUI is setting the groundwork for providing municipalities with a platform that reduces waste, captures carbon, generates valuable sustainable feedstocks, and importantly, creates local jobs,” said LanzaTech CEO Dr. Jennifer Holmgren. “We are grateful to SEKISUI for their commitment to scaling carbon recycling across Japan and for being at the forefront of developing a global blueprint for other countries and businesses to follow on how to access and utilize the carbon locked in local garbage.”
Around 56 million tons of combustible waste is generated in Japan each year, and municipal and industrial trash are both massive and accelerating global challenges: the World Bank estimates that by 2050, humans will be generating 3.88 billion tons of waste each year, a
With the application of this jointly developed biology-based platform, SEKISUI can turn unsorted waste into a cost-competitive replacement for fossil fuel-derived feedstocks. The bioprocessing platform gasifies unsorted combustible waste accumulated at waste disposal facilities and converts this gas into ethanol using a microbial catalyst and gas fermentation technology that does not require any chemical catalysts, heat, or pressure.
About LanzaTech
LanzaTech Global, Inc. (NASDAQ: LNZA) is the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials for everyday products. Using its biorecycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. By partnering with companies across the global supply chain like ArcelorMittal, Zara, H&M Move, Coty, On, and LanzaJet, LanzaTech is paving the way for a circular carbon economy. For more information about LanzaTech, visit https://lanzatech.com.
About SEKISUI CHEMICAL Group
Headquartered in Japan, SEKISUI CHEMICAL CO., LTD. (TSE: 4204) and its subsidiaries make up the SEKISUI CHEMICAL Group. Over 26,000 employees in 170 companies throughout 20 countries aim to contribute to improving the lives of the people of the world and the earth’s environment. Thanks to a history of innovation, dedication and a pioneering spirit, SEKISUI CHEMICAL now holds leading positions in its three diverse business divisions as well as top global market share in interlayer film, foam products, conductive particles and more.
Forward-looking Statements
This press release includes forward-looking statements regarding, among other things, the plans, strategies, and prospects, both business and financial, of LanzaTech. These statements are based on the beliefs, assumptions, projections and conclusions of LanzaTech’s management. Forward-looking statements are inherently subject to risks, uncertainties and assumptions, many of which are outside LanzaTech’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. LanzaTech cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are not guarantees of future performance, conditions or results, and you should not rely on forward-looking statements. Generally, statements that are not historical facts, including those concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or similar expressions. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:
- Timing delays in the advancement of projects to the final investment decision stage or into construction;
- Failure by customers to adopt new technologies and platforms;
- Fluctuations in the availability and cost of waste feedstocks and other process inputs;
- The availability and continuation of government funding and support;
- Broader economic conditions, including inflation, interest rates, supply chain disruptions, employment conditions, and competitive pressures;
- Unforeseen technical, regulatory, or commercial challenges in scaling proprietary technologies, business functions or operational disruptions; and
- Other economic, business, or competitive factors, and other risks and uncertainties, including the risk factors and other information contained in LanzaTech’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, as well as other existing and future filings with the U.S. Securities and Exchange Commission.
Any forward-looking statement herein is based only on information currently available to LanzaTech and speaks only as of the date on which it is made. LanzaTech undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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